Feed / EGY

VAALCO Energy, Inc.

EGY

Energy · 6.32 +1.4% today

Participation confirmed · construction unavailableMarket checked 11 Sept, 15:55 GMT-4

Market read

VAALCO Energy, Inc.'s move is being confirmed by its market group.

No new filing conclusion is available. 3 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Company+1.4% todayVolume comparison unavailable
Market group3 of 11 activeOil & Gas · inactive
Disclosed network0 of 1 confirmingNo filing-linked name is confirming now
What would change this read
  • At least 8 of 11 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as AM begins moving with the group.

Invalidation: The live read weakens if participation falls to 3 of 11 members or fewer.

Watch this read

Research brief

The story so far

Energy · Oil & Gas E&P

No new filing conclusion is available. 3 of 11 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 1 directly disclosed connection is confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • At least 8 of 11 durable members become active together.
  • Capital-flow agreement rises above 55%.
  • A filing-linked outsider such as AM begins moving with the group.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements93
Verified relationships1
Evidence supporting the case

No qualifying supportive evidence was identified.

Evidence challenging the case
  • Latest annual revenue changed -25.0% year over year.
  • Operating margin changed -34.2 percentage points in the latest annual period.
  • Net margin changed -23.7 percentage points in the latest annual period.
Questions before a position
  • EV/sales is 36% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

6.32
6m+21.3%12m+62.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$199.1M+196.3%$1.37+2.0%
2022-12-31$354.3M+78.0%$0.73+19.1%
2023-12-31$455.1M+28.4%$0.56
2024-12-31$479.0M+5.3%$0.56-2.6%
2025-12-31$359.3M-25.0%$-0.40+0.3%

What management says matters

Persistent and emerging business drivers

Capital investment and capacitynegative · 4 filings
For the three months ended March 31, 2025, cash used in investing activities was due to capital spending costs associated with the development drilling programs in Egypt, as well as maintenance, project costs and long lead items for Gabon and Côte d'Ivoire.
10-Q · May 11, 2026
Energy and commodity pricesnegative · 3 filings
We recorded a $70.6 million net loss on derivative instruments for the three months ended March 31, 2026, which included an unrealized loss of $55.9 million related to the change in fair value of our commodity derivative contracts primarily driven by an incre…
10-Q · May 11, 2026
Credit and interest ratesmixed · 1 filings
63 Table of Contents Net cash provided by financing activities during the year ended December 31, 2025 included $60.0 million in proceeds from borrowings under our new 2025 RBL Facility partially offset by $26.5 million for dividend distributions, $0.7 millio…
10-K · Mar 16, 2026
Restructuring and cost reductionsnegative · 1 filings
The impairment was primarily attributable to a sustained decline in forward strip commodity prices during the period, including decreases in both crude oil and natural gas benchmark pricing.
10-K · Mar 16, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 1.8× · EV/sales 1.8×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

6.32+1.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for EGY. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for EGY. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind EGY

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

GLCNFFiling-linked namepartnerNov 10, 2025

The counterparty to our derivative swap transactions was a major oil company’s trading subsidiary, and our costless collars are with Glencore.

Filing peers

No filing peers are available for this name yet.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

EGY is currently a Participant in the organic co-movement group Oil & Gas. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.